Why did Ukraine cancel crypto 'airdrop' rewards for donations to fight Russia?

Home Tech News Ukraine cancels Crypto ‘Airdrop' rewards for donations to help fight Russia Ukraine has scrapped a plan to reward people who donated to its fight against a Russian invasion with newly created crypto assets, following complications with the project.

What happened to Ukraine’s plan to reward donors with crypto assets?

Ukraine has scrapped a plan to reward people who donated to its fight against a Russian invasion with newly created crypto assets, following complications with the project.

What is Ukraine's 'airdrop'?

The official verified Twitter account for Ukraine said on Wednesday it planned to issue a so-called “airdrop”, a common tool for early-stage crypto platforms to attract users by offering free tokens to jump start a project.

Could Ukraine airdrop'reward' to multiple wallets?

The advantage, experts say, is that Ukraine could potentially airdrop the teased “reward” to unique wallets, thereby giving the owner of multiple donor wallets multiple helpings of the anticipated airdrop. Historically, some decentralized finance (DeFi) users have deployed such a method to increase the total of their token airdrops.